A study of factors that motivate an entrepreneur to start-up a small business in the local context

The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire surv...

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Bibliographic Details
Main Authors: Choy, Oi Leng, Ow, Khai Hoong, Yung, Weng Kin
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/55458
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author Choy, Oi Leng
Ow, Khai Hoong
Yung, Weng Kin
author2 Nanyang Business School
author_facet Nanyang Business School
Choy, Oi Leng
Ow, Khai Hoong
Yung, Weng Kin
author_sort Choy, Oi Leng
collection NTU
description The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire survey and four cast studies. The following conclusions are obtained: (1)a potential entrepreneur, in starting up a business, is mostly influenced by friends and business associates rather than by family; (2) a good indication that educational status motivates a potential entrepreneur to start-up a business; (3) generally, there are signs that the local culture does encourage entrepreneurship; (4) there is no conclusive evidence to prove that different entrepreneurial characteristics are found in entrepreneurs who own different types of enterprises. However, they possess some common personality traits.
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spelling ntu-10356/554582023-05-19T07:23:12Z A study of factors that motivate an entrepreneur to start-up a small business in the local context Choy, Oi Leng Ow, Khai Hoong Yung, Weng Kin Nanyang Business School Malcolm MacDonald DRNTU::Business::Accounting The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire survey and four cast studies. The following conclusions are obtained: (1)a potential entrepreneur, in starting up a business, is mostly influenced by friends and business associates rather than by family; (2) a good indication that educational status motivates a potential entrepreneur to start-up a business; (3) generally, there are signs that the local culture does encourage entrepreneurship; (4) there is no conclusive evidence to prove that different entrepreneurial characteristics are found in entrepreneurs who own different types of enterprises. However, they possess some common personality traits. ACCOUNTANCY 2014-03-11T01:31:31Z 2014-03-11T01:31:31Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/55458 en Nanyang Technological University 119 p. application/pdf
spellingShingle DRNTU::Business::Accounting
Choy, Oi Leng
Ow, Khai Hoong
Yung, Weng Kin
A study of factors that motivate an entrepreneur to start-up a small business in the local context
title A study of factors that motivate an entrepreneur to start-up a small business in the local context
title_full A study of factors that motivate an entrepreneur to start-up a small business in the local context
title_fullStr A study of factors that motivate an entrepreneur to start-up a small business in the local context
title_full_unstemmed A study of factors that motivate an entrepreneur to start-up a small business in the local context
title_short A study of factors that motivate an entrepreneur to start-up a small business in the local context
title_sort study of factors that motivate an entrepreneur to start up a small business in the local context
topic DRNTU::Business::Accounting
url http://hdl.handle.net/10356/55458
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AT yungwengkin astudyoffactorsthatmotivateanentrepreneurtostartupasmallbusinessinthelocalcontext
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